Apr 15, 2026

by

Nico Wittenborn

The VC Industry's Extreme Concentration Is Creating Systemic Risk

Five mega-funds and five companies now capture 75 percent of capital flows

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Murph capital is a new MEDIA and community that connects emerging vCs with lp allocators

PROUDLY BUILD IN USA

HANDCRAFTED by:

@Grivitsky

© All Rights Reserved.
Murph Capital Digital, LLC. 2026.

Substack

Linkedin

X

Main

home

Media

Data

Funds

Events

Soon

about us

Community

Store

Murph capital is a new MEDIA and community that connects emerging vCs with lp allocators

PROUDLY BUILD IN USA

HANDCRAFTED by:

@Grivitsky

© All Rights Reserved.
Murph Capital Digital, LLC. 2026.

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home

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Data

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Events

Soon

about us

Community

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